Dalma's €20 Million Leap: A New Era for Pet Insurance in Europe

March 18, 2025, 3:32 am
Bpifrance
BusinessNewsShop
Employees: 1001-5000
Founded date: 2012
Northzone Ventures
Northzone Ventures
FinTechGamingPlatformServiceOnlineTechnologyHealthTechSoftwareITData
Location: United Kingdom, England, Westminster
Employees: 11-50
Founded date: 1996
Breega Capital
Breega Capital
Location: France, Ile-de-France, Paris
Employees: 11-50
Founded date: 2013
Anterra Capital
Anterra Capital
AgriTechProductHealthTechDataPlatformFoodTechIndustryTechnologyScienceLife
Location: Netherlands, North Holland, Amsterdam
Employees: 11-50
Founded date: 2013
In the bustling heart of Paris, a revolution is brewing. Dalma, a pet insurance company, has just secured €20 million in Series B funding. This is not just a financial boost; it’s a launchpad for innovation. With this capital, Dalma aims to reshape the landscape of pet care across Europe.

Founded in 2021 by Alban de Préville, Raphaël Sadaka, and Harry Belinga, Dalma has quickly made a name for itself. The company’s mission is clear: to redefine pet health insurance. With a focus on transparency and efficiency, Dalma offers a unique approach that sets it apart from traditional insurers. Currently, it operates in France and Germany, covering around 60,000 pets.

The recent funding round was led by Breega, with contributions from Northzone, Anterra Capital, and Bpifrance’s Digital Venture 3 fund. This diverse group of investors sees potential in Dalma’s vision. They recognize the growing demand for pet welfare solutions in a world where pet ownership is on the rise.

Dalma’s growth story is impressive. Since its Series A funding, the company has experienced a staggering 700% increase in its customer base. It has already achieved profitability in France, a testament to its effective business model. This funding will enable Dalma to expand its operations and enhance its offerings.

What makes Dalma stand out? It’s all about the experience. In just two clicks, pet owners can customize their insurance coverage. The app is user-friendly, designed for busy pet parents. It provides unlimited free veterinary advice and allows for 24/7 access to veterinarians through chat and video calls. This level of accessibility is a game-changer in the industry.

The integration of artificial intelligence is another feather in Dalma’s cap. Claims are analyzed and reimbursed almost instantly, a stark contrast to the industry norm, which can take days. This efficiency not only enhances customer satisfaction but also builds trust. Pet owners want quick solutions, and Dalma delivers.

The company’s future plans are ambitious. With the new funding, Dalma is set to introduce a direct payment system for policyholders. This will streamline the reimbursement process even further. Additionally, an e-shop featuring health and wellness products for pets is on the horizon. This move positions Dalma not just as an insurance provider but as a comprehensive wellness partner for pet owners.

The timing of Dalma’s expansion is crucial. The pet care market is evolving. More people are viewing pets as family members, leading to increased spending on their health and well-being. This societal shift aligns perfectly with Dalma’s mission. The company is not just selling insurance; it’s promoting a lifestyle of care and responsibility.

Investors are optimistic about Dalma’s trajectory. They see a unique blend of technology and customer understanding that could reshape the European pet care industry. The backing from established investors like Breega and Bpifrance adds credibility to Dalma’s ambitions. They believe in the company’s potential to become a leader in the sector.

Dalma’s approach is refreshing. It combines traditional insurance principles with modern technology. The focus on customer experience is evident in every aspect of its service. From the app’s design to the support offered, Dalma prioritizes the needs of pet owners. This commitment to service is what will drive its success.

As Dalma prepares for its next chapter, the landscape of pet insurance is set to change. The company’s innovative solutions will likely inspire competitors to rethink their strategies. In a market ripe for disruption, Dalma is leading the charge.

The pet insurance industry has long been viewed as stagnant. Many companies have relied on outdated models and practices. Dalma’s fresh perspective challenges this norm. It emphasizes transparency, efficiency, and customer-centric solutions. This approach resonates with today’s pet owners, who demand more from their service providers.

In conclusion, Dalma’s €20 million funding is more than just a financial milestone. It represents a commitment to transforming pet care in Europe. With its innovative technology and customer-first philosophy, Dalma is poised to become a household name among pet owners. The future looks bright for this ambitious company, and the pets it serves will undoubtedly benefit from its growth. As Dalma continues to expand, it will redefine what it means to care for our furry companions. The journey has just begun, and the possibilities are endless.